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India

Mitsui Sugar to buy 70 pct stake in SIS’88 Pte for $70 mln


Friday, 21 Sep 2018 

Sept 21(Reuters) - Mitsui Sugar Co Ltd <2109.T>:Says it plans to acquire 70 percent stake in Singapore-based refined sugar sales company SIS’88 Pte Ltd, for $70 million .Transaction date between late September and early October .Says MITSUI &CO., LTD. <<<8031.T>>> will hold remaining 30 percent stake in SIS’88 Pte Ltd.